Peel Hunt Reaffirms Hold Rating for Antofagasta plc (ANTO)

Peel Hunt restated their hold rating on shares of Antofagasta plc (LON:ANTO) in a research note published on Monday morning.

Other research analysts have also recently issued research reports about the company. Barclays PLC lifted their target price on Antofagasta plc from GBX 410 ($5.09) to GBX 460 ($5.71) and gave the company an equal weight rating in a report on Wednesday, September 21st. SP Angel reiterated a hold rating on shares of Antofagasta plc in a report on Tuesday, August 16th. Canaccord Genuity reiterated a hold rating and issued a GBX 505 ($6.26) target price on shares of Antofagasta plc in a report on Tuesday, August 16th. Deutsche Bank AG reiterated a hold rating on shares of Antofagasta plc in a report on Tuesday, August 9th. Finally, Jefferies Group lifted their target price on Antofagasta plc from GBX 500 ($6.20) to GBX 550 ($6.82) and gave the company a hold rating in a report on Friday, August 19th. Nine investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 529.95 ($6.57).

Antofagasta plc (LON:ANTO) opened at 689.00 on Monday. Antofagasta plc has a 52-week low of GBX 340.60 and a 52-week high of GBX 789.00. The stock’s 50 day moving average price is GBX 598.97 and its 200 day moving average price is GBX 511.05. The firm’s market capitalization is GBX 6.79 billion.

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About Antofagasta plc

Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.